"We never made money on it," he said, but "I do think some companies make money on it, or recoup their costs".
He also said it was too soon to say if the play would close at a loss or recoup some of its capitalization, which, according to the show's investment papers, is between $2.75 million and $3 million.
In the West, private equity firms make money by selling to peers in a given industry, selling to other private equity funds or recouping their outlay via dividends that the target company pays by taking on new debt.
He is asking the Financial Reporting Council to adopt some measures enforced on banks since the 2008 crisis, such as requiring all companies to be able to "withhold or recoup" pay awards to directors when companies have not performed as expected.
Even among musicals based on films, the failures far outstrip the hits; for every "Producers," there is a string of shows that do not catch on or recoup their investment.
I think it is important to show respect for workers who lost all as others drank Champagne, for those who teach in underfunded schools while others vacation in Aspen, and for those who, in their old age, are trapped in devalued homes, unable to sell or recoup a lifetime of dreams.
At the Stratford House, "the conversion gives unit owners who paid high prices the opportunity to minimize their losses or recoup their investment, and those who paid low prices the chance to maximize their equity," said Jack H. Boyajian, a partner with David L. Muelken in R.O.A. Hutton.
Streaming musics critics have said the tiny per song stream royalties aren't enough to support artists or recoup the sales they cannibalize.
Krueger denied that owner Katharina Liebherr was looking to sell the club or recoup her family's investment, adding that the money they have received for the five players leaving St Mary's will be invested back into the squad.
